Overview of Key Overnight Developments on March 12
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21:00 (UTC+8) - 7:00 Keywords: Saylor, PayPay, GENIUS Act, Iran1. Before the CPI announcement, Saylor increased his holdings by 2,038 bitcoin;2. The President of Iran proposed three necessary conditions to end the war and demanded compensation from the US and Israel;3. PayPay plans to set the US IPO stock issue price at $16 per share;4. Bloomberg: General Catalyst plans to raise about $10 billions to compete with a16z;5. The US SEC and CFTC signed a memorandum of cooperation to jointly promote crypto regulation and the development of new products;6. US FDIC Chairman: Stablecoins will not receive any form of deposit insurance under the GENIUS Act;7. Trump: Iran has "almost no targets left to strike," and the war with Iran will soon end.
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